| Novamericam Steel, Inc. | |||
| Ticker: | TONSF | ||
| Exchange: | NASDAQ-National Market | Montreal, CANAD | |
| Industry: | Manufacturing (SIC Code 3315) | ||
| Type of Shares: | Common Shares | Filing Date: | 9/30/97 | |
| U.S. Shares: | 2,200,000 | Offer Date: | 10/30/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $15.50 - $17.50 | |
| Primary Shares: | 2,200,000 | Offer Price: | $14.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.98 | |
| Offering Amount: | $36,300,000 | Selling: | $0.58 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Salomon Brothers Inc. | Lead Manager | (212) 783-2947 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| Business Description |
| The company operates steel service centers through its Nova Steel Ltd. Unit in Canada and its American Steel & Aluminum Corp. unit in the U.S. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |